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Jio Announces Price Band for over Rs 30,000 Crore IPO. Check Key Dates, GMP and Other Details
- Jio Platforms set its IPO price band at Rs 1,065–1,119 per share, with the issue expected to raise about Rs 30,213 crore at the upper end.
- The IPO will accept subscriptions from October 21 to October 23, while anchor investors can bid on October 19.
- The offering consists of up to 27 crore newly issued shares and has no offer-for-sale portion, so the proceeds will go to Jio Platforms.
- Jio Platforms reserved up to Rs 500 crore for eligible employees and up to Rs 2,500 crore for eligible Reliance Industries shareholders.
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Reliance Jio IPO has good news for eligible employees! Reservation of shares worth up to ₹500 crore confirmed
Jio Platforms’ IPO will reserve up to ₹500 crore for eligible employees. The mega issue will open for subscription on Wednesday, October 21, and close on Friday, October 23, 2026. The anchor investor bidding date has been scheduled for Monday, October 19.
Jio announces price band for over Rs 30,000 crore IPO. Check key dates, GMP and other details
Jio has set the price band for its much-awaited IPO at Rs 1,065-1,119 per share. At the lower end of the price band, Jio Platforms could raise Rs 28,755 crore. At the cap price of Rs 1,119, the IPO size would rise to about Rs 30,213 crore.
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Total News Sources18
Leaning Left1Leaning Right6Center3Last Updated60% Right
Bias Distribution
- 60% of the sources lean Right
60% Right
C 30%
R 60%
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